14065 Moorpark Street

Sherman Oaks, CA 91423

  • 28 Bed(s)
  • 0 Bath(s)
  • 20,182 Sqft
  • 23882
    Sqft(Lot)
$7,350,000

Description

We are pleased to exclusively present park seville, a rare 30-unit value-add opportunity located at 14065 moorpark street in the heart of sherman oaks, california. this mid-century gem offers a compelling investment opportunity in one of the most desirable neighborhoods of the san fernando valley.park seville is a two-story, walk-up building situated on a 23,882-square-foot lot. it features an appealing unit mix of 11 studio units, ten one-bedroom/one-bathroom units, and nine two-bedroom/one-bathroom units, designed with efficient layouts to cater to the local renting community. thoughtfully maintained by current ownership, which includes the original developer, upgrades include copper re-piping, new electrical subpanels, and select unit enhancements upon turnover. as units turn over, investors can capture an estimated 37% upside potential in rents by implementing high-end finishes sought after by modern sherman oaks renters. the property also maintains an expansive interior courtyard with a pool, an on-site shared laundry facility, and secured garage parking for 22 of the 30 units eight of the studio units are not provided with a parking space.the property's prime location just steps from ventura boulevard positions it near los angeles' most iconic retail and dining establishments, including sherman oaks galleria, westfield fashion square, and castle park. the area is also home to various top-tier schools such as harvard-westlake, notre dame, and buckley. furthermore, the surrounding region has undergone transformative developments, such as imt residential's nearby project, imt sunkist. also known as citrus commons, the development is anticipated to deliver 249 residential units and 27,000 square feet of retail space, a project amid many others that greatly reinforce institutional confidence in sherman oaks.park seville represents a unique chance to create a premier luxury community in a highly coveted los angeles rental submarket, offering significant upside potential and long-term value for savvy investors.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    48353004

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Property Details

  • Bedroom Information

    • Total Bedrooms : 28

    Bathroom Information

    • Total Baths: 30
    • Full Baths: 0
    • Half Baths: 0

    Heating Source

    • Floor Furnace
    • Has Heating

  • Building Information

    • Year Built: 1956
    • Building Area Total: 20,182
    • Construction: Stucco

    Foundation

    • Raised

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.5483
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 23882

  • Listing Price Information

    • Original List Price: 7,350,000
    • Listing Contract Date: 2025-01-16

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 2271013007

  • Garage and Parking

    • Garage Description: Covered

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: SO - Sherman Oaks
    • Directions: Moorpark & Hazeltine
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: SO - Sherman Oaks

    Building and Construction

    • Property Age: 69
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 20182
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 01/18/2025 @ 03:53

  • MLS: 25484527
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 28 bedrooms which is for sale, it has 20,182 sqft, 23,882 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Sherman Oaks , in zip code 91423, this Los Angeles County Home are nearby neighborhoods.